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20121129
20121207
Search Results 0 to 8 of about 9 (some duplicates have been removed)
the fiscal cliff and we see continued problems on the debt side for the u.s., i think the gold price outperforms the white metals. >> reporter: gold's price will also depend on whether central banks continue to diversify their holdings into gold, and whether they implement more quantitative easing to boost growth. the outlook for platinum is a little more complicated. there have been major supply disruptions due to labor unrest in south africa, which produces nearly all of the world's platinum. it also depends on demand. >> europe is a key part of the platinum demand picture. if europe can recover, certainly that's going to bode well for platinum demand. if the price trades higher, it may affect some of the price- sensitive sectors like jewelry, like chinese jewelry demand. >> reporter: of course, many investors only buy metals for investment reasons. currently, there's over $150 billion invested in gold exchange-traded funds, an all- time high. erika miller, nbr, new york. >> tom: the broad market drifted higher with one eye on economic data and the other on washington. the s&p 500
malandrino with the street.com. >> susie: tomorrow on "n.b.r." we continue our focus on the fiscal cliff, we talk with maya macguineas, of "fix the debt", as her group meets with lawmakers to talk tax and health care reform. also tomorrow, toll brothers reports earnings, and pandora, the internet radio site is also out with quarterly results. and finally tonight, we want to remind you about a special guest on "n.b.r.," later this week. "n.b.r." founding co-anchor, paul kangas will join us on thursday night, december 6. we'll talk about the markets, and he'll answer some of your questions. that's thursday, december 6. you can submit your questions on facebook or twitter, at "bizrpt." >> tom, the questions are just flowing in, we have enough to fill a half hour with paul. so i think it's going to be really a lot of fun. >> tom: it will be. lots of questions about stock market technology. one asking paul, will the dow hit 8,000 or 18,000. also some maritime matters, what sailor paul has done throughout his career and a little bit of conversation about the boat business maybe. >> susie: yeah, he
visible signs of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of thousand dollars less to spend, that translates into $200 billion of less consumer spending next year. and that's bad for businesses, large and small. >> reporter: behind the scenes, the two sides are talking again. but there was no progress in public. senators today fought over the debt limit, and ended up deadlocked over a bill to allow the president to automatically increase borrowing. >> he's shown what he is really after is unprecedented powers to spend taxpayer dollars without any limit at all. >> reporter: if the debt limit isn't raised, the
Search Results 0 to 8 of about 9 (some duplicates have been removed)